
Rivian Automotive Inc (NASDAQ:RIVN) shares are trading lower by 3.70% at $39.85 after the company reported worse-than-expected fourth-quarter EPS and sales results.
Rivian reported quarterly losses of $2.43 per share which missed the analyst consensus estimate of a loss of $1.97. Rivian also reported quarterly sales of $54.00 million which missed the analyst consensus estimate of $60.03 million by 10%.